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November 30, 2015 7:28 AM ET


Company Overview of Discovery Communications, LLC

Company Overview

Discovery Communications, LLC operates television broadcasting stations. The company was incorporated in 1991 and is based in Silver Spring, Maryland. Discovery Communications, LLC operates as a subsidiary of Discovery Communications Holding, LLC.

1 Discovery Place

Silver Spring, MD 20910

United States

Founded in 1991





Key Executives for Discovery Communications, LLC

Chief Financial Officer and Senior Executive Vice President
Age: 49
Chief Executive Officer of Discovery Communications Holding LLC and President of Discovery Communications Holding LLC
Age: 55
Chief Accounting Officer
Age: 53
Chief Technology Officer
Chief Development, Distribution & Legal Officer
Age: 48
Compensation as of Fiscal Year 2015.

Discovery Communications, LLC Key Developments

Discovery Communications, LLC Appoints Bruce Campbell as Chief Development, Distribution & Legal Officer, Effective from October 5, 2015

On September 24, 2015, Discovery Communications, LLC entered into the Amendment to Employment Agreement with Bruce Campbell, its Chief Development & Digital Officer and General Counsel. The amendment provides that Mr. Campbell will serve as the Chief Development, Distribution & Legal Officer for the Company, effective October 5, 2015. In this role, Mr. Campbell will have primary global responsibility for corporate development, domestic distribution, legal, business affairs and production management.

Discovery Communications, LLC Completes EUR 600 Million Debt Offering Due 2027

Discovery Communications LLC on March 19 completed its registered offering of EUR 600 million of its 1.90% senior notes due 2027. The notes bear interest at a rate of 1.90% per year and will mature on March 19, 2027.

Discovery Communications, LLC Prices an Offering of €600 Million Aggregate Principal Amount of its 1.90% Senior Notes Due 2027

Discovery Communications Inc. announced that Discovery Communications, LLC (DCL) has priced an offering of €600 million aggregate principal amount of its 1.90% senior notes due 2027 (the Notes). The Notes were priced at 99.787% of their principal amount to yield 1.92% to maturity. The sale of the Notes is expected to close on March 19, 2015, subject to customary closing conditions. The Notes will be unsecured and will rank equally with all of DCL's other unsecured senior indebtedness. The Notes will be fully and unconditionally guaranteed on an unsecured and unsubordinated basis by the company. DCL expects the net proceeds from the offering of the Notes to be approximately €594.2 million after deducting the underwriting discount and estimated expenses related to the offering. DCL intends to use the net proceeds of this offering to repay a portion of its 3.700% Senior Notes due June 2015 and for general corporate purposes, including the acquisition of other companies or businesses, repayment and refinancing of other debt, working capital, capital expenditures and the repurchase by the Company of its capital stock. Pending application, DCL may temporarily invest the net proceeds in short-term investments.

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